I find this talk of transparency somewhat disingenuous, as very few witnesses produce a report of their operations periodically.

I will soften that to the extent I don't monitor non-English publications, so if there are non-English witness reports out there, great. Would be nice to see them announced on a prominent platform or in the Bitshares_Witnesses channel of Telegram. I asked one Chinese speaker to translate for me once, but he never followed thru. Neither did I in finding another.

I think Google translate has probably gotten good enough where it is adequate to bridge the language barrier between Mandarin & English now.

I have very consistently published a monthly witness report, I have been more transparent than most witnesses in what I do each month. I have repeatedly stated I use bts_tools for my price feeds. That will change when the MCR fix is released, at which time I will use zapata's price feed script.

I have been publishing my reports on steemit, but given the recent changes on that platform I will be moving to the whaleshares platform. I have no idea which sites Chinese shareholders have access to, given their governments censorship of the internet. I will make it a point to update my witness proposal thread here on this forum, to at least provide a link to my full report on Whaleshares.

I encourage all witnesses to follow the lead of zapata and myself to improve your level of transparency of ALL of your witness operations, at least those that don't compromise security, not just transparency in how you produce feeds.

Maximum respect to you @zapata. As a relatively new witness you set a good example for others to follow.

Good suggestion！But it's best to use the proposal form to determine it.

Our views are slowly becoming more consistent in practice. From the beginning of the reform, I have always suggested that without the chain acceptance function, there is no objective judgment on whether the supply of bitCNY is sufficient or not. Based on this, the strength of the negative feedback should not be too large. In addition, the establishment of the chain acceptance function helps the commercialization and promotion of bitCNY. Now I think the most important thing is to discuss the feasibility of accepting on the chain. By the way, we can also "pull it."

WTH? "chain acceptance" "pull it" ? I do agree an lack of objective judgement for BitCNY supply being "sufficient", depends on who you ask. We've heard from bitcrab and his followers. The same thing can be said for all other bit assets.

ha! ha! ha! The chain acceptance means is Exchange function between bitCNY and French currency，Sorry! I can't find a word to express this meaning.As for the translation of <pull it> into Chinese, it is to express that ，"扯一扯"！

Our views are slowly becoming more consistent in practice. From the beginning of the reform, I have always suggested that without the chain acceptance function, there is no objective judgment on whether the supply of bitCNY is sufficient or not. Based on this, the strength of the negative feedback should not be too large. In addition, the establishment of the chain acceptance function helps the commercialization and promotion of bitCNY. Now I think the most important thing is to discuss the feasibility of accepting on the chain. By the way, we can also "pull it."

Chance for speculator to exploit debt position owners is implicit arbitrage and will be healthy for the market. How can it be exploited? The Force Settlement Offset is 5%, which should make it hard enough. Please elaborate

Force settlement is a feature that must remain available IMO, it is a worst-case scenario measure. It will certainly never be used in a liquid market, the UI prominently shows the user if the market is the better choice.But if there is any incident that the market crashes, the force settlement option must be available and I would not want to wait for anyone to activate it then.

I own a debt position with CR=3, now you force me to sell the collateral to you with a under market price, this is not exploiting, are you joking?

Since you choose to operate this mortgage, you should bear the corresponding risks. If you don't want to be liquidated, you can choose to actively buy back bitCNY to close the position. The rules are fair, and in the current negative feed price mode, liquidation has the effect of accelerating the balance of supply and demand stability of bitCNY, so it cannot be cancelled. Not to mention the forest model, because the liquidation is to give the liquidator the opportunity to close the position.